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3215 Rockne Ln, Mesquite, TX 75150

3 beds • 2 baths • 1358 sqft

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This property looks like a bad Airbnb investment with a projected -10.75% first-year return on $73,650 initial cash invested.

-10.75%

Cash On Cash

3.64%

Cap Rate

0.59

DSCR

$2,372

Rent

-$660

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,372 income − $3,032 expenses = $660 out of pocket

Income$2,372Out of Pocket$660Mortgage P&I$1,36958%Property Taxes$43118%Insurance$934%Management$35615%CapEx$954%Maintenance$954%Other$59325%

Investment Breakdown

|

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,372

Total Expenses

$3,032

Mortgage P&I

58%

$1,369

Property Taxes

18%

$431

Home Insurance

4%

$93

HOA

0%

$0

Property Management

15%

$356

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$593

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